Segun Atanda/
Nigerian companies secured contracts worth $518 million from Shell businesses in 2025, reinforcing efforts to deepen local participation and build indigenous capacity in the country’s oil and gas industry.
Shell Companies in Nigeria said 123 indigenous firms were engaged across its business value chain during the year, providing a range of technical, logistics and other services.
Vice President, Commercial, Rohan D’Souza, said the figures, recently published in Shell’s 2025 Payments to Governments Report, reflected the company’s continued support for Nigerian service providers.
“The payments show a strong support for Nigerian service providers in our operations,” D’Souza said.
He added that Shell regarded Nigerian content development as more than a regulatory obligation, describing it as a key part of the company’s long-term strategy to strengthen indigenous businesses and enable them to compete beyond the country.
“We see the development of Nigerian companies beyond compliance with laws. It is an integral part of a longstanding strategy to create a win-win relationship with indigenous companies and support them to create more value in the oil and gas industry within and outside the country,” he said.
Over the years, Nigerian companies have provided technical, logistics and other services to Shell businesses, with the energy company supporting efforts to improve their expertise, capacity and operational processes.
The latest contract figures come shortly after the Shell Nigeria Exploration and Production Company Limited launched a $3-billion Contract Finance Facility with nine Nigerian banks to improve access to funding for indigenous contractors.
The facility, available in both naira and United States dollars, is designed to provide contractors with the financing required to execute contracts awarded within SNEPCo’s operations.
D’Souza said Shell’s economic contribution to Nigeria extended beyond contracts awarded to indigenous businesses.
According to him, the company also paid about $2.016 billion to the Nigerian Government in 2025 through production entitlements, royalties, taxes and statutory fees.
“When you consider the fact that Shell also paid some $2.016 billion through production entitlements, royalties, taxes, and statutory fees to the Nigerian Government in 2025 alone, you get an idea of the enduring partnership we have forged in the country since we set foot here more than 60 years ago,” he said.
The combination of the $518 million in contracts awarded to Nigerian companies and the new $3-billion contractor financing facility is expected to further strengthen indigenous participation, expand capacity and create opportunities for Nigerian businesses across the oil and gas value chain.
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